Click here to find out what your home is worth or to search all area homes for sale.
Welcome back! Today I wanted to answer the question I've been asked quite often lately: what's happening in the 2014 real estate market?
Calgary is having an amazing market. Right now inventory is under a two months supply, which is an 18% drop in the total active listings.
What does that mean to you? Until more homes come on the market, prices will spike, especially in the $400,000 - $700,000 range. That price range is where 60% of market activity takes place.
Now, in some neighborhoods where the demand isn't as high, prices won't spike as much. If you would like to know where those areas are, give me a call!
Overall our market is fantastic and I expect some great things from 2014.
On another note, I wanted to thank you for taking the time to watch my video today. I started this blog as a way to communicate with you about what's happening and to help you make the best real estate decisions.
If you have any questions, please give me a call today whether you're ready to buy or sell, or just want to talk about the upcoming outdoor recreational seasons.
